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FIN7 Cybercrime Group Targeting U.S. Auto Industry with Carbanak Backdoor

FIN7 Cybercrime Group Targeting U.S. Auto Industry with Carbanak Backdoor

Apr 18, 2024 Cyber Attack / Malware
The infamous cybercrime syndicate known as FIN7 has been linked to a spear-phishing campaign targeting the U.S. automotive industry to deliver a known backdoor called Carbanak (aka Anunak). "FIN7 identified employees at the company who worked in the IT department and had higher levels of administrative rights," the BlackBerry research and intelligence team  said  in a new write-up. "They used the lure of a free IP scanning tool to run their well-known Anunak backdoor and gain an initial foothold utilizing living off the land binaries, scripts, and libraries ( LOLBAS )." FIN7, also known as Carbon Spider, Elbrus, Gold Niagara, ITG14, and Sangria Tempest, is a well-known  financially motivated e-crime group  that has a track record of striking a wide range of industry verticals to deliver malware capable of stealing information from point-of-sale (PoS) systems since 2012. In recent years, the threat actor has  transitioned  to  conducting ransomware operations ,
Carbanak Banking Malware Resurfaces with New Ransomware Tactics

Carbanak Banking Malware Resurfaces with New Ransomware Tactics

Dec 26, 2023 Malware / Cybercrime
The banking malware known as  Carbanak  has been observed being used in  ransomware attacks  with updated tactics. "The malware has adapted to incorporate attack vendors and techniques to diversify its effectiveness," cybersecurity firm NCC Group  said  in an analysis of ransomware attacks that took place in November 2023. "Carbanak returned last month through new distribution chains and has been distributed through compromised websites to impersonate various business-related software." Some of the impersonated tools include popular business-related software such as HubSpot, Veeam, and Xero. Carbanak , detected in the wild since at least 2014, is known for its data exfiltration and remote control features. Starting off as a banking malware, it has been put to use by the  FIN7 cybercrime syndicate . In the latest attack chain documented by NCC Group, the compromised websites are designed to host malicious installer files masquerading as legitimate utilities to
How to Increase Engagement with Your Cybersecurity Clients Through vCISO Reporting

How to Increase Engagement with Your Cybersecurity Clients Through vCISO Reporting

Jul 22, 2024vCISO / Business Security
As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clients.
Researchers Find Links b/w Black Basta Ransomware and FIN7 Hackers

Researchers Find Links b/w Black Basta Ransomware and FIN7 Hackers

Nov 03, 2022
A new analysis of tools put to use by the Black Basta ransomware operation has identified ties between the threat actor and the  FIN7  (aka Carbanak) group. This link "could suggest either that Black Basta and FIN7 maintain a special relationship or that one or more individuals belong to both groups," cybersecurity firm SentinelOne  said  in a technical write-up shared with The Hacker News. Black Basta, which  emerged  earlier this year, has been attributed to a ransomware spree that has claimed over 90 organizations as of September 2022, suggesting that the adversary is both well-organized and well-resourced. One notable aspect that makes the group stand out, per SentinelOne, is the fact that there have been no signs of its operators attempting to recruit affiliates or advertising the malware as a RaaS on darknet forums or crimeware marketplaces. This has raised the possibility that the Black Basta developers either cut out affiliates from the chain and deploy the ranso
cyber security

Free OAuth Investigation Checklist - How to Uncover Risky or Malicious Grants

websiteNudge SecuritySaaS Security / Supply Chain
OAuth grants provide yet another way for attackers to compromise identities. Download our free checklist to learn what to look for and where when reviewing OAuth grants for potential risks.
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